The latest iPhone offering is a BOGO promotion for qualifying customers: half off all Apple Inc. (NASDAQ: AAPL) iPhone 6s and iPhone 6s Plus models (or any iPhone 6 and iPhone 6 Plus) with the purchase of another iPhone of equal or greater value, reported MacRumors. Unlike a traditional rebate BOGO offer, the savings on this deal are applied instantly at purchase.

The Details Of The Deal

According to the report, eligible devices can be purchased through T-Mobile's Jump financing program or available for full retail price.

The deal is contingent upon smartphone trade-ins.

T-Mobile's limited-time offer is available nationwide at the bricks-and-mortar locations beginning Wednesday.

MacRumors also highlighted that the new promotion applies to Samsung's Galaxy S6 and Galaxy Note5 lineup and LG's G4 and V10 smartphones.

Old Savings Still Apply

T-Mobile is still offering as much as $650 toward an owed balance or toward early termination fees to new customers that switch to the carrier, MacRumors noted.

T-Mobile Numbers

On Monday, the company recorded the first trade for the day at 37.86. T-Mobile's market cap presently stands at 30.89 billion. The company recorded an average volume of 5,148,820 over the last three months.

At the time of this publication, T-Mobile was seen trading down 1.75 percent at $38.72.